Mumbai: ITC’s Paperboards and Specialty Papers Business (PSPB) facility at Bhadrachalam has been conferred the GreenCo Platinum Plus rating by Confederation of Indian Industry (CII) Green Business Centre.
It is the only facility in the pulp & paper sector and the second company overall in the country to have received this prestigious rating.
The rating, which is given to industries for demonstrating leadership and commitment towards environment conservation, is a recognition for ITC’s core commitment to sustainable business practices and efforts to combat climate change, a company statement said.
ITC has been carbon positive (15 years), water positive (18 years) and solid waste recycling positive (13 years).
The GreenCo Platinum Plus rating puts ITC’s Bhadrachalam unit at par with green standards of other world-class facilities.
Sanjay Singh, Corporate Management Committee Member, ITC Limited, said, In line with ITC’s Triple Bottom Line philosophy, PSPD’s commitment towards being at the forefront of environmental resources conservation and replenishment has helped it to synergise environmental and economic sustainability.
The GreenCo Platinum + rating is a recognition of our Bhadrachalam unit’s large scale efforts towards combating climate change.